Analyst - Tax Reporting - Toronto, Ontario - Scotiabank

Scotiabank
Scotiabank
Verified Company
Toronto, Canada

1 month ago

Sophia Lee

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Sophia Lee

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Description
Requisition ID: 181500

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.


L- Analyst - Tax Reporting - Toronto, Ontario

Global Banking and Markets


Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years.

Scotiabank's strong U.S.

presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.


Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients.

Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals.

We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.

Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries We work together to drive ambition for every future


Purpose
Contribute to a successful Tax Campaign by troubleshooting and resolving technical issues encountered by members of the Tax Team.
Provide assistance to the Manager in completing the Tax Reporting to Canada Revenue Agency and Internal Revenue Service.


What You'll Do:


  • Support and assist in the generation of adhoc queries, monthly reporting for various reconciliations; and work with vendors to scope, test and review effectiveness of available technologies.
  • Assist in the preparation of spec documents for internal technology developed reporting for the Tax Team.
  • Support and assist the paperless Tax Campaign by troubleshooting any macro issues for T5s, T3s, and T5013s and the gathering of income payment data and tax information from CDS and security issuers for 1099, 1042, T3 and T5 reporting.
  • Pulling and matching tax reports from various sources.
  • Miscellaneous duties as assigned.
  • Effectively manage risk and minimize losses by: i) Adhering to effective procedural management controls that are in place; ii) Following escalation procedures for any potential losses; iii) Challenging/reviewing existing procedures to ensure adequate controls are implemented; iv)
  • Assisting with monthly reconciliations of control/suspense accounts ensuring all monetary changes are valid.
  • Research general tax issues, and Understand how the Bank's risk appetite and risk culture should be considered in daytoday activities and decisions.
  • Actively pursue effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of daytoday business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.

What You'll Bring:


  • The ability to be proactive, use own initiative, and work independently, as well as part of the team
  • The ability to effectively manage multiple tasks in a fast paced and highvolume environment with keen attention to details
  • Proficiency in MS Office with strong knowledge of visual basic programming and macro creation to both create and troubleshoot existing Microsoft Access databases and Excel spreadsheets.
  • Excellent communication skills and quick, accurate keyboarding skills.
  • Some Canadian and US/QI tax knowledge and good basic accounting background.
  • Working knowledge of dividends, income processing, and reorg
  • Working knowledge of the following systems: Broadridge, TXSY, CDS, DTCC, BFS, AS400
***
Work Arrangement

  • Work in a standard officebased environment; nonstandard hours are a common occurrence.

Interested?


At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences.

That's why we work to grow and diversify talent and engage employees in a performance-oriented culture.


What's in it for you?
Scotiabank wants you to be able to bring your best self to work - and life, every day.

With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.

Location(s): Canada : Ontario : Toronto

Scotiabank is a leading bank in the Americas


Guided by our purpose:
"for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commerci
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